What's Next: Perfect's Earnings Preview

Perfect (NYSE:PERF) is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.

Analysts estimate that Perfect will report an earnings per share (EPS) of $0.03.

The announcement from Perfect is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

In the previous earnings release, the company missed EPS by $0.00, leading to a 3.79% increase in the share price the following trading session.

Here's a look at Perfect's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.01

0.02

-0.01

-0.01

EPS Actual

0.01

0.01

0.02

0.03

Price Change %

4.0%

2.0%

-1.0%

2.0%

Tracking Perfect's Stock Performance

Shares of Perfect were trading at $1.97 as of October 25. Over the last 52-week period, shares are down 18.9%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Observations about Perfect

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Perfect.

The consensus rating for Perfect is Outperform, based on 1 analyst ...